To provide for a responsible increase to the debt ceiling, and for other purposes.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
The bill provides rescission of unobligated coronavirus funds The unobligated balances of amounts appropriated or otherwise made available by the American Rescue Plan Act of 2021 (Public Law 117–2), and by each of Public Laws, requires nullification of certain executive actions and rules relating to Federal student loans The following shall have no force or effect: The waivers and modifications of statutory and regulatory provisions relating, and requires limitation on authority of Secretary to propose or issue regulations and executive actions Part G of title IV of the Higher Education Act of 1965 (20 U.S.C. It relies on compliance mandates, definition changes, reporting requirements, and product standards. The main policy areas are Regulated Industries.
Who Benefits and How
Federal, state, or local agencies responsible for implementing the clause could face lower compliance burdens.
Who Bears the Burden and How
Federal, state, or local agencies responsible for implementing the clause would take on compliance duties.
Key Provisions
- Provides rescission of unobligated coronavirus funds The unobligated balances of amounts appropriated or otherwise made available by the American Rescue Plan Act of 2021 (Public Law 117–2), and by each of Public Laws...
- Requires nullification of certain executive actions and rules relating to Federal student loans The following shall have no force or effect: The waivers and modifications of statutory and regulatory provisions relating...
- Requires limitation on authority of Secretary to propose or issue regulations and executive actions Part G of title IV of the Higher Education Act of 1965 (20 U.S.C.
- Requires limitation on authority of the Secretary to propose or issue regulations and executive actions Beginning after the date of enactment of this section, a draft regulation implementing this title (as described...
- Creates modification of credit for electricity produced from certain renewable resources The following provisions of section 45(d) are each amended by striking January 1, 2025 each place it appears and inserting January...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
The bill provides rescission of unobligated coronavirus funds The unobligated balances of amounts appropriated or otherwise made available by the American Rescue Plan Act of 2021 (Public Law 117–2), and by each of Public Laws, requires nullification of certain executive actions and rules relating to Federal student loans The following shall have no force or effect: The waivers and modifications of statutory and regulatory provisions relating, and requires limitation on authority of Secretary to propose or issue regulations and executive actions Part G of title IV of the Higher Education Act of 1965 (20 U.S.C.
Key Policy Areas
Regulated Industries
Primary Purpose
The bill provides rescission of unobligated coronavirus funds The unobligated balances of amounts appropriated or otherwise made available by the American Rescue Plan Act of 2021 (Public Law 117–2), and by each of Public Laws, requires nullification of certain executive actions and rules relating to Federal student loans The following shall have no force or effect: The waivers and modifications of statutory and regulatory provisions relating, and requires limitation on authority of Secretary to propose or issue regulations and executive actions Part G of title IV of the Higher Education Act of 1965 (20 U.S.C.
Policy Domains
Whole bill
Identified Gains
- Federal, state, or local agencies responsible for implementing the clause
Identified Costs
- Federal, state, or local agencies responsible for implementing the clause
Sponsors
Legislative Progress
IntroducedRead the second time and placed on the calendar
Received; read the first time
Mr. Arrington (for himself, Mr. Comer, Ms. Granger, Mr. Graves …
Stakeholder Effects
cui bono?How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.
Law enforcement, justice-system actors, and affected communities
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology